Location: Sabine Parish, LA | Metro: Natchitoches Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
U.S. Census Bureau data (2024)
The ZIP code 71469 presents several challenges for landlords considering participation in the Section 8 program. Tenant turnover is a significant concern, with the market rent at $1,002 falling short of the Fair Market Rent (FMR) of $1,040 for the fiscal year 2026 in the metro area. This discrepancy can lead to higher tenant turnover rates as some may seek properties that offer the full FMR subsidy. Landlords should be prepared for the administrative burden and potential revenue loss associated with frequent turnover.
Vacancy exposure is another critical risk factor. The average days on market (DOM) for properties in this ZIP code is not available, which makes it difficult to predict how long it might take to fill vacancies. Given the uncertainty, landlords must have a robust financial buffer to cover periods when units are unoccupied. This risk is compounded by the deferred maintenance exposure. With a median income of $50,994, many residents may struggle to afford necessary repairs, leaving landlords to cover these costs if they wish to maintain property values and safety standards.
Despite these risks, the high renter share of 24.3% in ZIP 71469 suggests a strong demand for rental housing, including units that accept Section 8 vouchers. This high density of renters often translates into a greater number of voucher holders seeking housing, potentially stabilizing occupancy rates over time.
Verdict: Moderate risk for a first-time Section 8 landlord.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.